• U.S. economy rebounds strongly in second quarter

    WASHINGTON (Reuters) - U.S. economic growth accelerated more than expected in the second quarter and the decline in output in the prior period was less steep than previously reported, which could8:40 AM ET | Reuters

  • Futures up ahead of GDP data; Twitter soars in premarket

    NEW YORK (Reuters) - U.S. stock index futures rose on Wednesday as investors sought bargains following a period of weakness and looked ahead to data on economic growth and comments from the Federal7:33 AM ET | Reuters

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[BRIEFING.COM] S&P futures vs fair value: +7.20. Nasdaq futures vs fair value: +23.00. The S&P 500 futures trade seven points above fair value.

Asian markets ended the day on a mostly higher note. Japan's weak preliminary Industrial Production report (-3.3% month-over-month versus expected -1.0%) prompted the Ministry of Economy, Trade, and Industry to lower its industrial assessment.

  • In other data: 
    • South Korea's Industrial Production rose 2.9% ... More


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